Commerce started as a result of?

COMMERCE
WAEC 2015

Commerce started as a result of?

  • A. speculation
  • B. consumption
  • C. specialization
  • D. nationalization

Correct Answer: B. consumption

Explanation

Commerce is the conduct of trade among economic agents. Generally, commerce refers to the exchange of goods, services or something of value, between businesses or entities. it came about as a result of consumption needs of individuals/ households.



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